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FAQ

Important: The FAQs below were written and published before the introduction of the SRA Handbook on 6 October 2011, and may refer to regulatory material that is no longer in effect. Although they may still be relevant, these FAQs have not yet been reviewed in light of the wide-ranging regulatory changes implemented on 6 October. They will be reviewed and updated (or archived) in due course.

We have a number of old balances under £50 in our client account, but cannot trace the clients. Can we send the money to charity? Does it make a difference if there are any sums over £50?

Yes. Provided you follow the procedure in rule 20(1)(k) of the Solicitors' Accounts Rules, you may send individual balances under £50 to charity.

If there are any funds over £50, you need to make an application to our Professional Ethics Team.

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